Rising costs - News

Peel Ports: Disney cruise ship docks at Greenock Ocean Terminal

A Disney cruise ship docked at Greenock Ocean Terminal earlier, bringing its 4,000 passengers to the local area.  The Disney Dream, which has 18 decks and is almost 1,115 ft in length is one of dozens to visit the cruise port in a record year. The family-friendly cruise ship offers many activities onboard, including a nine-hole mini-golf course, a full-sized basketball court, several pools and hot tubs, and two theatres. The Disney Dream ship The ship also boasts the first water coaster...

Disney cruise ship docks at Greenock Ocean Terminal

A Disney cruise ship docked at Greenock Ocean Terminal earlier, bringing its 4,000 passengers to the local area. The Disney Dream, which has 18 decks and is almost 1,115ft in length is one of dozens to visit the cruise port in a record year. The family-friendly cruise ship offers many activities onboard including a nine-hole mini-golf course, a full-sized basketball court, several pools and hot tubs, and two theatres. The AquaDuck The ship also boasts the first water coaster at sea, calle...

Blue Economy Minister Adegboyega Oyetola states that tackling illegal fishing, safety and security are top of the agenda

The Honourable Minister of the Marine and Blue Economy, His Excellency Adegboyega Oyetola, has stated that tackling illegal, unreported and unregulated (IUU) fishing, harnessing marine tourism, safety and security are top of the agenda of his administration as Minister of the newly created Ministry of Marine and Blue economy. He stated this during a working visit to NIMASA headquarters in Lagos, where he met with the Top Management staff of the Agency. The Minister said the time has come for Ni...

The Swedish Club announces the opening of new, expanded London offices

Thomas Nordberg, the Managing Director of The Swedish Club has announced the opening of new, expanded London offices. He was speaking at the London International Shipping Week 2023 (LISW23), where the Club hosted an evening reception for members, brokers and business partners. “As the shipping world focuses on London, the timing of this move could not be bettered,” said Mr. Nordberg, adding “A key focus for 2023 has been the strengthening of our regional offerings, and I am pl...

Industry providers explore global energy transition at 4th Annual ABS Sustainability Summit

“There is a significant amount of work to be done between now and 2050 if we hope to hit net zero on carbon emissions. But our research shows it can be done and maps out a pathway for the industry to get there. It connects the macro industry calculus for net zero by 2050 with the micro calculus reality of what is required at the ship level,” said Christopher J. Wiernicki. Keynote address That was the message for the industry from ABS Chairman and Chief Executive Officer Christopher...

ABS, ECOLOG, Hanwha Ocean and Babcock Sign pioneering LCO2 carrier study

ABS joined a pioneering joint industry project (JIP) to collaborate on the development of a detailed design of a 40K cbm liquified carbon dioxide (LCO2) carrier that meets Class and statutory requirements with Ecolog Services Ltd. (ECOLOG), Hanwha Ocean Co., Ltd. and Babcock International Liquid Gas Equipment (LGE). The ultimate design will maximise energy integration and minimise greenhouse gas (GHG) emissions while being cargo versatile and capable of offshore offloading, as in the direct inj...

£80 million boost for coastal communities and green shipping as London International Shipping Week gets underway

Coastal communities across the country are set to benefit from over £80 million of government funding as the winners of the Zero Emission Vessel and Infrastructure fund (ZEVI) are announced – supporting economic growth and boosting the UK’s decarbonisation efforts. Announced at the start of London International Shipping Week (LISW) – bringing together the world leaders in the maritime sector – the projects showcase the benefits maritime technology can bring to comm...

Carbon capture, new fuels and energy efficiency are the path to net zero, says latest ABS research

Carbon capture, energy efficiency, and green fuels are the roadmap to net zero by 2050. That’s the pathway outlined by the 2023 Outlook, Beyond the Horizon: View of the Emerging Value Chains, the latest industry-pioneering research from ABS into shipping’s progress on the green energy transition. Accelerating investment Released at the ABS Sustainability Summit during London International Shipping Week, the report examines in depth the carbon, ammonia, and hydrogen value chains....

Addressing climate change marine fuelling transition with AkzoNobel®

In July 2023, at MEPC 80, the IMO adopted the '2023 Strategy on the Reduction of GHG Emissions from Ships'. This strategy targets the adoption of near-zero GHG fuels by 2030. A pivotal factor in this transition is choosing the right coating for fuel tanks — it ensures longevity and maintains the tank's optimal condition. Shipping companies invest a significant amount of consideration into the choice of coating systems for their vessel's fuel tank interiors. A failure in this coating can h...

Community Network Services (CNS) roll-out the revolutionary CNS Port Community System (PCS) to usher in a new era for UK port technology

Digital Trade Solutions business - CNS (Community Network Services), a DP World company, is rolling out its new CNS Port Community System (PCS), to future-proof port technology in the United Kingdom (UK) and beyond. The upgrade will see ‘Compass’ – which has supported many of the UK’s largest maritime ports since 2010 - transition to the cloud-based and HMRC-compliant CNS PCS. This modern, API-ready platform is based on DP World’s global CARGOES platform, runs on m...

Decarbonising businesses need support and courage, says JERA

Efforts to achieve zero emissions are a challenge that requires each company to change its business model and revenue structure, suggests Masato Otaki, Executive Officer & Head of Low Carbon Fuel Planning for Japanese power company JERA Co. Inc., adding that courageous 'first movers' need support in order to take risks. Speaking in a video presentation for the LISW23 London Talks series Mr. Otaki says that for decarbonisation efforts to progress “it will be imperative to work across n...

ClassNK, Consort Bunkers, Daihatsu Diesel, Daikai Engineering, and SeaTech to collaborate on development of ammonia fuelled ammonia bunkering tanker

ClassNK, Consort Bunkers Pte Ltd, Daihatsu Diesel Mfg. Co.,Ltd., Daikai Engineering Pte. Ltd., and SeaTech Solutions International (S) Pte Ltd. have concluded a Memorandum of Understanding concerning a joint study on an ammonia fuelled ammonia bunkering tanker. The MOU was signed by representatives of all five parties with the presence of an official from Maritime and Port Authority of Singapore at the ‘Gastech2023’ held in Singapore. Ammonia-related risks Amid expectation for us...

ABS joins landmark project for dual-fuel ammonia carrier

At Gastech 2023, ABS signed a memorandum of understanding (MoU) to review an innovative new design from HD Hyundai Heavy Industries (HHI) for a dual-fuel, very large ammonia carrier (VLAC) for Eastern Pacific Shipping Pte. Ltd. (EPS). ABS joins project partners EPS, HHI and HHI Engine & Machinery Division, MAN Energy Solutions and the Maritime and Port Authority of Singapore. Demand for gas reduction Fueled by ammonia and liquified natural gas (LNG), the 88K/93K cbm vessel design is expec...

DNV‘s Maritime Forecast to 2050: Shipping in ‘decisive decade’ to meet tighter emission targets

Faced with tough competition for greener fuels from other sectors, new 2030 maritime emission targets hang in the balance. According to the latest edition of DNV‘s Maritime Forecast to 2050, the shipping industry will find it challenging to secure enough supply of carbon-neutral fuels. The report emphasises the need to consider all alternative approaches to reducing emissions and to take action now to secure future success. Carbon emission reductions Maritime sector needs to access a st...

ABS approves innovative emissions reduction technology for ammonia-fuelled ships

ABS issued an approval in principle (AIP) to HD Korea Shipbuilding & Offshore Engineering (KSOE) and HD Hyundai Heavy Industries (HHI) for its ammonia reductant supply system for selective catalytic reduction (SCR) in ammonia-fuelled ships. Representatives from both companies and the Liberian International Ship & Corporate Registry (LISCR) met at Gastech 2023 for the AIP presentation. SCR reductant The system utilises the ammonia carried on board as the SCR reductant to remove NOx fro...

ABS awards AIP for Bumi Armada’s design for a floating carbon storage and injection unit

ABS has awarded Approval in Principle (AIP) for Bumi Armada’s pioneering design for a floating carbon storage and injection unit (FCSIU). Bumi Armada’s FCSIU concept is a floating terminal capable of storing and injecting liquefied carbon dioxide (LCO2) into depleted oil and gas fields or aquifers. This novel concept incorporates the ability to accept LCO2 deliveries in an offshore setting, the flexibility to manage LCO2 at low or medium pressure, the provision of LCO2 buffer storag...

Crowley honoured with corporate diversity award from Women’s International Shipping and Trading Association

Crowley has been honoured for its contributions to diversity and inclusion in the workplace with the Corporate Diversity Award by the U.S. Chapter of WISTA, the Women’s International Shipping and Trading Association. Recognised for its efforts to enhance its corporate culture and empower its people through diversity and inclusion programs, Crowley supports its more than 7,000 employees through resources such as employee-led business resource groups, professional development programs, safe...

WinGD and Samsung Heavy Industries to cooperate on future fuel applications

Swiss marine power company WinGD and shipbuilder Samsung Heavy Industries (SHI) have agreed to cooperate on future fuel vessel applications with ammonia-fuelled engines. The memorandum of understanding, signed during the Gastech conference in Singapore this week, indicates a strong intention on the part of SHI to install WinGD’s X-DF-A dual-fuel ammonia engines on forthcoming new-build vessels. Ammonia fuel systems The cooperation will include preparing X-DF-A for integration with wide...

DNV awards AiP for world’s largest LNG carrier design developed by Hudong-Zhonghua

Globally renowned classification society - DNV has granted an Approval in Principle (AiP) certificate to Hudong-Zhonghua’s new design of a 271,000 cbm LNG carrier, making it the largest vessel of its kind in the world. Innovative concept On the inaugural day of Gastech 2023, held in Singapore, DNV’s global Business Director of Gas Carriers & FSRU, Martin Cartwright, presented the AiP certificate to Song Wei, Chief Technical Officer of Hudong Zhonghua Shipbuilding Company Limite...

LSEG: Panama Canal water levels are likely to remain exceptionally low for months despite forecasted short-term improvements

Isaac Hankes, Senior Weather Analyst at London Stock Exchange Group, comments: “The Panama Canal is experiencing major, ongoing disruptions in the shipping supply chain due to restrictions on traffic related to very low water levels. This is the result of drought conditions that rapidly developed from the beginning of the year through June and have held steady since that time." He adds, "In fact, 2023 is off to the driest start during January-July since 2015, which had a similar rainfall...

NSSLGlobal and Hermann Lohmann Bereederungen GmbH & Co KG extend long-standing partnership with upgraded capabilities

NSSLGlobal, a global pioneer in satellite communications and IT solutions, and renowned ship management company - Hermann Lohmann Bereederungen (HLB) have agreed to extend their existing partnership.  HLB continues its digitalisation journey enjoying the operational and economic benefits that SMART technology brings, it will continue to leverage NSSLGlobal’s powerful SMART@SEA intelligent IT management solution, world-class VSAT IP@SEA network and FusionIP service on 15 vessels. NSS...

ClassNK releases 'Guidelines for Liquefied Hydrogen Carriers (Edition 2.0)'

ClassNK has released 'Guidelines for Liquefied Hydrogen (LH2) Carriers (Edition 2.0)', which cover essential details to examine the safety of liquefied hydrogen carriers to spur related technological developments. To construct a supply chain for hydrogen, which is expected to be a clean energy source in a decarbonised society, the development of liquefied hydrogen carriers that enable large-scale and efficient transportation is progressing actively. ClassNK’s R&D outcome IMO has wor...

Inmarsat Connected Future Conference during LISW 2023 aims at practical solutions

Moving from smart talk to practical solutions and bringing stakeholders together will be the key themes of an industry event organised by Inmarsat, a Viasat business, in partnership with Smart Maritime Network during London International Shipping Week 2023. Staged at Inmarsat headquarters on 12 September, the conference will focus on the increasingly decisive role satellite technology plays in shaping smarter and more sustainable shipping. Highlight of LISW 2023 Headquartered Inmarsat has co...

Idwal opens Asia headquarters in Singapore

Idwal, the global provider of vessel inspections, benchmarking and analysis, is pleased to announce the opening of its new Asia headquarters in Singapore. This strategic move marks Idwal's expansion into the high-growth Asian maritime market. The Singapore office will serve as Idwal's hub for Asia, enabling the company to provide enhanced sales support, technical expertise and superior customer service to ship owners and operators across the region. Idwal chose Singapore for its reputation as a...

DNV releases guidelines to validate low-carbon and renewable hydrogen and ammonia attribute claims

DNV, the independent energy expert and assurance provider, has announced the release of its new service specification, DNV-SE-0654, which delineates DNV's procedures for verifying claims made by companies about the production and distribution of low-carbon hydrogen and ammonia.  Associated ammonia production This new service will enable hydrogen producers to document and demonstrate compliance with applicable standards, ensuring the credibility and transparency of their claims, and allow...

Seatrade Maritime announces full conference agenda revealed for Seatrade Maritime Crewconnect Global 2023

As excitement grows for Seatrade Maritime CrewConnect Global 2023, all eyes are on its topical multi-track conference agenda, which will bring together industry experts to discuss the key trends impacting the global crewing industry, in addition to specialist content for the cruise market. Taking place from 21 – 23 November in The Philippines, which is home to a third of the world’s seafarer workforce, Seatrade Maritime CrewConnect Global will welcome hundreds of crewing professiona...

The Rt Hon Mark Francois MP and Sir James Duddridge KCMG MP visit maritime AI tech - Sirius Insight on the Essex coast

Sirius Insight, a renowned UK technology company focused on AI in the maritime environment, was delighted to welcome the Rt Hon Mark Francois MP, Member of the Defence Select Committee, who was accompanied by the constituency MP, Sir James Duddridge, Member of Parliament for Rochford and Southend East, to view the company’s technology platform.  Transformative AI technology Sirius Insight is a UK company working in this cutting-edge field of technology and is a global pioneer in a s...

Valenciaport promotes female leadership in the maritime-port sector in Panama

Valenciaport once again encourages the promotion of female talent and the creation of inclusive opportunities in the maritime and port sector. As a sponsor of the #LIFE event, a training programme that promotes the power of women in the port industry, the Port Authority of València (PAV) has collaborated in the development of the activities organised to train 45 female managers from various shipping companies, port operators and administrations. Maritime-port sector Held this week in...

ClassNK issues approval in principle (AiP) for ammonia fuel supply system for oil tanker and container ship developed by SHI

ClassNK has issued an Approval in Principle (AiP) for an ammonia fuel supply system for an oil tanker and container ship developed by Samsung Heavy Industries (SHI).Ammonia is expected to be used as a ship fuel for decarbonisation since it does not emit CO2 when combusted. Meanwhile, adequate safety measures are imperative as it has been pointed out that ammonia is toxic to humans and corrosive to materials. Zero-emission ships ClassNK accepted out a review of an ideational design of the p...

Purus Wind and VARD selects Brunvoll as supplier of CSOV propulsion and manoeuvring packages

Brunvoll has received an order for the delivery of propulsion and manoeuvring packages for Purus Wind's new Commissioning Service Operation Vessels (CSOV). The delivery is for two vessels, with two additional vessels as an option. Each vessel will be outfitted with two azimuth thrusters for propulsion, and two retractable azimuth thrusters and a tunnel thruster for manoeuvring. The scope of supply features also Brunvoll’s Propulsion and Thruster Control system, BruCon PTC. Latest and gre...

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